Israelis sold $388m in foreign stocks in September
Bank of Israel: Most of the sales in September were by investment institutions, which changed their policies.
The Bank of Israel says that most of the sales in September were by investment institutions, which changed their policies. Investment institutions sold a net $124 million in September, after net purchases of $760 million in July and August each.
Israelis also sold a net $322 million in tradable foreign bonds in September, after selling a net $294 million in August, and buying a net $75 million in July.
Direct foreign investment by Israelis totaled a net $269 million in September, compared with net sales of $34 million in August, and net investment of $44 million in July.
Published by Globes [online], Israel business news - www.globes-online.com - on November 9, 2011
© Copyright of Globes Publisher Itonut (1983) Ltd. 2011
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